"The Fed sees no recession until at leat 2027 and a very smooth landing"
They are either ignoring blatant economic indicators
Or straight out lying to the public, and the media.
As this chart shows.
When Housing starts go down
and unemployment starts spiking
a recession almost immediately follows .
If I can see that with no economics background, no MBA, or experience in Finance surely they can too!!!
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housing starts have definitely peaked for the cycle评论
unemployment ticking up评论
higher high's , higher low's since the start of the year.
This recession could be a doozy.评论
we are very close to a US recession ...评论
We are higher than every other previous level where the #NBER recession indicator has already triggered a 1
PRECARIOUS
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4.3%
up nearly a percentage
guess what happens people dont have a wage
they can't spend as much money
so Jerome is still looking at #inflation when #deflation is right around the corner
and deflation = recession
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#NAHB leads the economy historically
we have a head and shoulders pattern also in place
which occurred for previous recessions
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